Transcript
Jack Armstrong (0:00)
This is an iHeart podcast.
Joe Getty (0:06)
Broadcasting live from the Abraham Lincoln radio studio at the George Washington Broadcast Center. Jack Armstrong and Joe Getty.
Jack Armstrong (0:14)
Armstrong and Getty. And now here's Armstrong and Getty. A growing number of Gen Z men are moving back in with their parents taking over household chores and calling themselves Tradsons, replacing the old name Failures. Wow, I've come across that Trad sun thing quite a few places, but that's.
Michael (0:47)
A good joke.
Jack Armstrong (0:54)
Boy. Failure to launch.
Michael (0:57)
Yeah, yeah, we. I can't go into detail. We're dealing with some family dynamics right now involving a youngish person whose money management borders on the surreal. The kid who bought the magic beans on the way home that turned into the Beanstalk. Magic beans would have been a better idea than this. There are times I think financial acumen is at least half genetic. Some people, it's way harder to teach them. You know, I've got one kid who scrimps and saves. Same household as another kid who. Well, it's difficult to even get the concept to stick. But anyway, back to you.
Jack Armstrong (1:42)
Yeah, I was talking to a parent the other day who had bought their 20 year old or something like that, a car to have to drive to be able to get to work, blah, blah, blah, with an agreement, you're going to make the payment and change you out and stuff like that. The kid did not make the payment or change you out or anything like that. So the parent, after delaying longer than they feel like they should have finally just sold the car from out underneath them and now they're like taking the bus everywhere. But anyway, my experience is the, the, the hard edge of reality is the only thing that made me improve my financial acumen.
Michael (2:16)
Yeah, that's been my own personal experience that often works.
Jack Armstrong (2:21)
Just came across this headline. The IAEA says there's going to be a worldwide oil glut in 26. Sorry climate change activists. Gas prices are gonna go down. People are gonna keep driving cars driven by the greatest energy source that's ever been developed on planet Earth.
Michael (2:42)
You know, on that topic, I saw a headline and maybe I can find it real quickly. It was essentially, everyone is doubling down on renewable energy except the US except. And it clicked into my head with clarity. It hasn't before you could rewrite that headline, the world, or they mostly just meant Europe, but is doubling down on the current generation of renewable power technology. I was looking at a product not long ago, a consumer product, and I thought, brand new buggy, wait a year. And the United States, I think to a large extent has said, yeah, the current stuff just isn't dependable enough. It doesn't make enough power, it doesn't store enough power. And look at Europe's moribund economy. I mean, they've sacrificed themselves on the altar of renewable energy, the current technology and it's not good enough, man. Burn, baby, burn.